NZDUSD SHORT: Overvalued Fundamentally and Technically

RBNZ has not changed its dovish stance. Fed remains hawkish.

NZDUSD showing divergence to 0.7322. Strong resistance on 4H chart.

Many major banks forecast NZDUSD below 0.70 in medium term.

This currency pair is a sell at spot.

Trade geschlossen: Ziel wurde erreicht:

Done!